HEG's subsidiary TACC partners with INOXAP for nitrogen supply
HEG's subsidiary TACC partners with INOXAP for a long-term nitrogen supply through a dedicated onsite plant. This supports TACC's new facility in Dewas, Madhya Pradesh, for manufacturing lithium-ion battery-grade graphite anode material. The collaboration aims to bolster India's advanced materials and clean energy sectors.
The announcement involves a subsidiary's strategic partnership for a manufacturing facility, which is important but does not directly impact HEG's immediate financials significantly.
The partnership is positive as it supports the growth of a subsidiary in advanced materials manufacturing and aligns with national clean energy goals.
HEG Limited announced that its wholly-owned subsidiary, TACC Limited (The Advanced Carbons Company), has entered into a long-term partnership with INOX Air Products Private Limited (INOXAP). Under this agreement, INOXAP will supply nitrogen through a dedicated onsite nitrogen plant for TACC's upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh. This facility is being set up for the production of lithium-ion battery-grade graphite anode material.
INOXAP will construct and operate the nitrogen plant on a Build, Own and Operate basis, ensuring a consistent, safe, and high-purity nitrogen supply essential for TACC's advanced carbon materials manufacturing. The partnership is expected to enhance process efficiency and product quality at TACC's facility, supporting the development of battery-grade synthetic graphite anode materials for electric vehicles and energy storage systems, as well as graphene-based derivatives.
Both companies view this collaboration as a strategic step towards strengthening India's advanced materials ecosystem and supporting the nation's clean energy and electric mobility ambitions. INOXAP aims to reinforce its position in building future-ready industrial gas infrastructure, while TACC seeks to ensure the precision, purity, and reliability needed for global standards in battery-grade graphite production.
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HEG Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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